Truist Bank, a prominent financial institution in the United States, has recently disclosed a security breach that occurred in October, according to reports from tech news site Bleeping Computer. The breach, which was confirmed by the North Carolina-based bank, has resulted in sensitive data belonging to thousands of account holders being put up for sale by a hacker known as Sp1d3r.

Sp1d3r claims to have a trove of data from Truist Bank, including names, bank account numbers, transaction history, and balances of 65,000 account holders, which is being offered for sale at a price of $1 million. While the hacker also asserts that information on employees who had accounts at the bank is available, Truist Bank has only verified that a limited number of “clients” were impacted by the breach at this time.

A spokesperson for Truist Bank stated to Bleeping Computer, “In October 2023, we experienced a cybersecurity incident that was promptly contained. Working with external security consultants, we conducted a thorough investigation, implemented additional security measures, and notified a small number of clients last autumn.”

The data exposed in the breach also includes the source code for the bank’s interactive voice response (IVR) system, an automated service that provides information to callers through pre-recorded messages. Despite the breach, the bank has not yet identified any instances of fraud related to the compromised data.

The spokesperson further added, “We collaborate regularly with law enforcement and cybersecurity experts to safeguard our systems and data. Following new findings from the ongoing investigation into the incident in October 2023, we have informed additional clients. Currently, there is no evidence of fraud resulting from this incident.”

Truist Bank holds a significant position as a chartered commercial bank in the US with consolidated assets totaling $526.714 billion, as reported by the Federal Reserve. Investors are advised to conduct thorough research before engaging in high-risk investments in Bitcoin, cryptocurrency, or digital assets, as opinions expressed on The Daily Hodl are not intended as investment advice. It is crucial to be aware that all transfers and trades are conducted at one’s own risk, and any losses incurred are the individual’s responsibility. The Daily Hodl does not endorse the purchase or sale of cryptocurrencies or digital assets and is not an investment advisor. Please note that The Daily Hodl engages in affiliate marketing.